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Digital Yuan Enters Oil Market as PetroChina Finalizes First International Crude Trade in CBDC
23.10.2023
PetroChina inked a major deal on October 18, becoming the first company to complete an international crude oil trade using China's central bank digital currency (CBDC), the Digital Yuan. The transaction was reported by China Daily, a media outlet owned by the Chinese Communist Party.
This move...
Pokémon TCG's Paradox Rift Contains The Best Cards Ever, If You Can Find Them
20.10.2023
There certainly have been a lot of Pokémon cards in 2023. A year that began with Sword & Shield’s (SWSH) climactic celebration, Crown Zenith, has since featured four mainline sets from Scarlet & Violet, another celebration set with the enormous Pokémon 151, various reprint specials like McDonald’s...
Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding
19.10.2023
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital
Banks Must Disclose Crypto Exposures, Global Regulator Says
17.10.2023
The guidance will ensure transparency and market discipline, the Basel Committee on Banking Supervision said
Banks Would Have to Disclose Crypto Holdings Under New BIS Plan
5.10.2023
The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency
Central Bank Group Unveils Data Project Mapping Crypto Transfers
4.10.2023
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project
Decentralized Exchange Bluefin’s New Version Goes Live on Sui Network
3.10.2023
The platform’s v2 allows sub-second optimistic trades and trading without a crypto wallet, the company said
Bitcoin.com Partners With Busan International Film Festival as Major Sponsor
1.10.2023
Bitcoin.com, one of the world’s leading cryptocurrency wallet developers and news portals, has partnered with the Busan International Film Festival as a major sponsor. The Busan International Film Festival (BIFF), held annually in South Korea, is one of the most significant film festivals...
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility
12.9.2023
Central banks say their new technology can be secure and accessible while promoting privacy
Bitcoin will bring global payments out of the ‘fax era' — Ex-PayPal boss
12.9.2023
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
9.9.2023
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target...
JK: Hayao Miyazaki Isn't Retiring From Making Ghibli Movies After All
8.9.2023
Contrary to popular belief, How Do You Live? (aka The Boy and the Heron) will no longer be Studio Ghibli director Hayao Miyazaki’s final film.Read more
Coinbase Targets Regulatory Clarity in International Expansion Plan
8.9.2023
Coinbase is looking at "markets that are enacting clear rules" for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia its near-term priorities
Joint IMF and FSB Report Warns Against Total Crypto Bans
7.9.2023
A joint policy roadmap released by the Financial Stability Board (FSB) and the International Monetary Fund (IMF) has cautioned against outright bans on cryptocurrencies.
The policy paper, commissioned by the G20 under India's leadership, has emphasized the need for comprehensive regulatory...
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
7.9.2023
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
7.9.2023
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment
7.9.2023
Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million.
Genesis, which declared bankruptcy in January this year following...
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
2.9.2023
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia...
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...